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The Best Time To Trade Forex

Traders must remember, just as there is a time to sleep and a time to work, when trading there are specific times when you should trade your favorite currency pairs. The forex market is open 24h a day, Monday to Friday, and is particularly more active during the opening and closing of banks worldwide. Although this is an advantage, it does not mean that the same conditions and opportunities are offered to traders during all 24 hours of the day.

The Three Most Common Mistakes Forex Trading Newbies Make

Join one day the stressful world of the forex market and you will soon understand that this is an information jungle in which it is very difficult to navigate in. Under a constant pressure to increase short-term returns, many traders, especially beginners make mistakes that leave them most often at the edge. In this article we will discuss the three most common mistakes a beginner should try to avoid.

4 Key Points About Forex Trading That Books Will Not Teach You

Even though there are many important factors you will learn in the course of your Forex trading journey, there are, however, essential skills that cannot be learned or obtained through training, but that are of equal importance. The aim of this article is not to undermine the value of traditional education currency transactions, but the aim is rather to point out the limitations of the latter.

Forex Trading – My Perspective

My trading career started pretty early in life, when I was only 16 years old. I know many of us start this journey rather late or when we reach an age where we have too much spare time on our hands. Well, what can I say I was one of the more inquisitive one’s. If you are thinking did I start trading Forex from the age of 16, well ‘NO’. I have traded many markets starting from equities to vanilla derivatives and from CFD’s to Bonds.

Why Do Forex Trading Beginners Usually Generate No Profits?

The failure rate in the Forex industry is as high as 95% for beginners in the forex market, as most traders lose their capital in their first years of trading. What is interesting to note is that the most common mistakes are avoidable. So why exactly do forex traders consistently fail to start earning money?

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